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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 662.72+0.4%4:00 PM EST

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To: Clint E. who wrote (21465)6/9/1999 1:45:00 PM
From: shasta23  Read Replies (1) of 68127
 
"NAZ holding up thanks to MSFT & Semis"

but now they are almost all at their respective resistance points...
NVLS @60, AMAT @64=downtrendline,Klac deep in the jungle of overhead...
NETS look sick to me. I'm in cash after closing out INSP with a small profit. I will not go back trading nets. They are very volatile and if you're good you can make a killing but i don't have the skills yet and will go back to less volatile issues like DELL etc. Actually thinking of shorting some of the SEMIS here but like to see them struggle and exhaust themselves some more at the resistance points..

stefan
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